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To: Rocket Red who wrote (136603)11/15/2008 12:15:21 PM
From: loantech  Read Replies (1) | Respond to of 313295
 
BINGO! Hey check out walmart black friday sales a flat screen 52" Samsung for around 800 bucks. Even the rocket can buy one now. <G>



To: Rocket Red who wrote (136603)11/15/2008 12:37:34 PM
From: Claude Cormier  Read Replies (1) | Respond to of 313295
 
I agree. That is how it is right now. BUt it doesn't mean it will stay that way. The huge bailout money is potentially highly inflationary in the years to come.



To: Rocket Red who wrote (136603)11/15/2008 1:50:06 PM
From: Cheeky Kid  Read Replies (1) | Respond to of 313295
 
Big three going under....back in the early 80's Chrysler was in very bad shape, but after they launched the minivan, they turned the company around.

The big three have to put out new innovative products. Like electric cars, and cars that rival Asian units. That will turn them around. If they stick to making the same crap they do, they are doomed.



To: Rocket Red who wrote (136603)11/15/2008 4:48:15 PM
From: Little Joe  Read Replies (1) | Respond to of 313295
 
I think consumers do not have the resources to incur more debt, so the govt. will be forced to send checks directly to consumers. They will have to create money and send people a check.

Or perhaps create money in the form of debt forgiveness where they send certificates that can be used like money but only to pay down debt, this will help the consumer balance sheet and get them borrowing again.

I am not advocating the above policy, but given they will not take the medicine that is needed, it seems to be the only way to keep the game going.

Little joe